In the past couple of days, Musk and Trump had a quarrel, but through coordination, Musk took the initiative to remove his mocking tweet about Trump.
The two have reconciled again.
Both are influential figures in the world, and with one move, they caused chaos in the entire financial market.
Moreover, this quarrel seems to have been premeditated, aimed at bottom-fishing their own stocks; with one operation, both made a fortune.
Businessmen and politicians are like actors; their words and actions are all for the sake of gaining more benefits.
However, anyone who offends Musk will not have an easy time. Over the past few days on X, there were humorous ambiguities between Musk and Trump, along with photos from Pop Mart.
Today, many million-followers accounts were collectively banned. It's either this or they want to poach X's advertisers and divert X's advertising revenue.
Currently, this round of collective KOL bans might be the reason for today's BTC crash; it shouldn't have such a large impact, right?
As it stands, as long as it doesn't drop below 107,000, there should be another rebound. However, from the pattern, it seems to be forming a double top. It's still advisable for everyone to short on the rebound. I've mentioned multiple times that at this stage, 110,000 is the high zone; when it hits that, it's time to short.
Many people casually talk about 150,000 or 200,000; I'm not saying it can't reach that, but at least it should be in the next phase. For spot traders, the same advice applies: BTC, if it doesn't drop below 100,000, don't enter the market. $BTC
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